Great Elm Capital Corp. Announces First Quarter 2024 Financial Results
Great Elm Capital Corp. - Closed End Fund (GECC)
Last great elm capital corp. - closed end fund earnings: 11/14 06:00 am
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US:NASDAQ Investor Relations:
greatelmcc.com/investor-relations
Company Research
Source: GlobeNewswire
PALM BEACH GARDENS, Fla., May 02, 2024 (GLOBE NEWSWIRE) -- Great Elm Capital Corp. (“we,” “our,” the “Company” or “GECC”) (NASDAQ: GECC), a business development company, today announced its financial results for the first quarter ended March 31, 2024. First Quarter and Other Recent Highlights: In February 2024, the Company raised $24 million of equity at Net Asset Value from a special purchase vehicle (“SPV”), supported by a $6 million investment by Great Elm Group (“GEG”) into the SPV.In April 2024, the Company issued $34.5 million of 8.50% notes due 2029 (the “GECCI Notes”) to further bolster liquidity and provide balance sheet flexibility.Net investment income (“NII”) for the quarter ended March 31, 2024 was $3.2 million, or $0.37 per share, as compared to $3.3 million, or $0.43 per share, for the quarter ended December 31, 2023. Fifth consecutive quarter of NII per share covering the base dividend. Net assets were $118.8 million, or $12.57 per share, on March 31,
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News
- Great Elm Capital Corp. (NASDAQ:GECC) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Great Elm Capital Corp. Announces First Quarter 2024 Financial Results [Yahoo! Finance]Yahoo! Finance
- Great Elm Capital Corp. (“GECC”) Schedules First Quarter 2024 Earnings Release and Conference Call [Yahoo! Finance]Yahoo! Finance
- Great Elm Capital Corp. (“GECC”) Schedules First Quarter 2024 Earnings Release and Conference CallGlobeNewswire
- Great Elm Capital Corp. Prices Public Offering of $30,000,000 of 8.50% Notes Due 2029GlobeNewswire
GECC
Earnings
- 5/2/24 - Miss
GECC
Sec Filings
- 5/2/24 - Form 10-Q
- 5/2/24 - Form 8-K
- 4/24/24 - Form 8-K
- GECC's page on the SEC website